Market news
Daily summary: Global stocks slide as recession fears drag on
European indexes finished today's session lower as renewed recession fears dented risk sentiment. Dax fell 1.73% and CAC40 ended 0.90% lower, weighed down mostly by real estate stocks, auto makers,...
Oil price pulls back after US declarations
The United States is speaking with OPEC members that have spare capacity The United States is confident that the OPEC countries will soon increase production The US may continue to roll out str...
Bed Bath & Beyond Inc stock plunges over 20.0%- CEO steps down after quarterly loss exceeded expectations
Bed Bath & Beyond Inc (BBBY.US) shares tumbled nearly 22.0% on Wednesday after the company reported a drop in quarterly comparable sales and announced the departure of CEO Mark Tritton, saying it ...
Conference with heads of Fed, ECB and BoE
The European Central Bank held a conference today in which the heads of the three most important central banks in the world took part. Below we present key comments Powell: The economy will wit...
BREAKING: US crude stocks fall more than expected
Due to technical reasons, the publication of last week's report was postponed to today. Nevertheless release of both reports from the US Department of Energy failed to trigger big moves on the oi...
EURCHF pair hits parity
The Swiss Franc has appreciated considerably since the surprise move by the central bank last week and the overall shift towards the dollar put pressure on the euro currency pairs. The Swiss currency...
BREAKING: EUR strengthens slightly after upbeat German inflation data
Annual inflation rate in Germany fell to 7.6% YoY in June, from 7.9% YoY in previous month and below market estimates of 8.0%. On a monthly basis, the inflation fell to 0.1%, from 0.9% in M...
Ichimoku patterns - BITCOIN
Over the past few months, the correlation of bitcoin with indices such as the S&P500 or the Nasdaq has exerted downward pressure on the prices of the queen of cryptocurrencies. Bitcoin's 60-day co...
Chart of the day - EURUSD (29.06.2022)
Release of US GDP data, flash CPI inflation from Germany and panel discussion with heads of Fed, ECB and BoE are all scheduled for today. While US data will be a revision and is not expected to trigge...
Economic calendar: Flash CPI data from Germany, ECB event
European indices set for lower opening Flash CPI data from Germany and Spain Powell, Lagarde and Bailey to speak at ECB event Weaker moods can be spotted on the European futures market...
Morning wrap (29.06.2022)
Wall Street indices finished yesterday's trading with big losses. S&P 500 dropped 2.01%, Dow Jones declined 1.56% and Nasdaq plunged 2.98%. Russell 2000 dropped 1.86% Indices from Asia fol...
Daily summary: Weak economic data stoke recession fears
European indices finished today's session mostly higher with DAX up 0.35%, lifted by gains in energy, insurance, utilities, and basic resources. The FTSE 100 closed 0.9% higher led by gains in comm...
⬇⬇US500 falls over 1%
Wall Street resumes downward move amid recession fears, despite solid performance of banking and aviation sectors US500 fell sharply in the last few minutes as recent economic data weighed on market s...
Casino stocks rally as China ease covid restrictions
Macau-focused gaming stocks like Las Vegas Sands (LVS.US), Wynn Resorts (WYNN.US) rose more than 5.0% on Tuesday as the Chinese government decided to ease coronavirus-induced restrictions in cap...
BREAKING: USD strengthens after downbeat CB Consumer Confidence data
US Conference Board Consumer Confidence index decreased to 98.7 in June, from the previous month's 106.4 and below market expectations of 100.5. Simultaneously, Richmond manufac...
